Billionaire Warren Buffett Backs Billionaire Bloomberg

CNBC reports:

Berkshire Hathaway Chairman and CEO Warren Buffett told CNBC on Monday that he would support fellow billionaire and former three-term New York Mayor Mike Bloomberg for president.

“If Mike Bloomberg announced tomorrow that he was a candidate, I would say I’m for him,” Buffett told Becky Quick in a “Squawk Box” Interview from Omaha, Nebraska. “I think he would be a very good president.”

Buffett said he’s never been a card-carrying Democrat, pointing out that he’s voted for Democratic candidates and Republican candidates over the years. He said neither party has an edge on virtue.